Tackling Societal Challenges with Open Innovation

The California Management Review posted an article by Henry Chesbrough and others which noted that open innovation has to date been driven largely by business objectives, but the imperative of social challenges has turned attention to the broader set of goals to which open innovation is relevant. This

Comments Off on Tackling Societal Challenges with Open Innovation • Read this story »

The Effects of Business Model Innovation of Internet Finance Enterprises on Competitive Advantages

The E3S Web of Conferences website posted a study which noted that business model innovation refers to a means to implement innovation strategy serving as a kind of innovation activity following technological and managerial innovation. In the internet era, driven by the unprecedented development of digital

Comments Off on The Effects of Business Model Innovation of Internet Finance Enterprises on Competitive Advantages • Read this story »

Open Innovation Within Loughview Timber: How Knowledge Transfer Is Opening Doors to New Markets

The ARCOM Proceedings website posted a study which aims to determine the effectiveness of adopting an open innovation model in the context of SMEs. Loughview Timber, a small manufacturer based in Northern Ireland, is used as a case study. It is recommended that Loughview Timber continue to exploit the

Comments Off on Open Innovation Within Loughview Timber: How Knowledge Transfer Is Opening Doors to New Markets • Read this story »

The book “Sustainable Innovation” discusses  several aspects of the role of open innovation in sustainable development: Open innovation is innovating innovation, so it breaks static equilibrium and brings in new changes. Open innovation pushes firms to deviate from their current routines

Comments Off on • Read this story »

Strategizing of Economic Systems Digital Transformation: A Driver on Innovative Development

The St. Petersburg State Polytechnic University Journal posted an article which noted that the idea of open innovation determines the need for a company to interact with the external environment in order not only to obtain greater efficiency from the ongoing innovation process, but also to have the possibility

Comments Off on Strategizing of Economic Systems Digital Transformation: A Driver on Innovative Development • Read this story »

Open innovation: Human Set-up

Wiley Publishers reported that their new book “Open innovation: Human Set-up”, gives an account of the words and behavior of seven entrepreneurs over several years. The author’s observations allow the reader to understand the perspectives that everyone gives themselves in interactions,

Comments Off on Open innovation: Human Set-up • Read this story »

Business Model Innovation and Firm Performance

The Science Direct website posted a study drawing on the data from a cross-industry sample of 563 European SMEs, structural equation modelling is applied to examine how a firm’s performance is affected by innovating its business model. The findings confirm the validity of the model and contribute

Comments Off on Business Model Innovation and Firm Performance • Read this story »

Strategic Change and Innovation Reputation: Opening up the Innovation Process

The Science Direct website posted a study which examines how strategic change (e.g., closed to open innovation strategy) impacts the attitudes of the periphery of customers (i.e., customers not involved in the innovation process); and it further explores how a firm’s innovation reputation can

Comments Off on Strategic Change and Innovation Reputation: Opening up the Innovation Process • Read this story »

Co-Immune: A Case Study on Open Innovation for Vaccination Hesitancy and Access

The MedRXiv website posted a preliminary study which designed Co-Immune, a program created to tackle the question of vaccination hesitancy and access to vaccination through an online and offline challenge-based open innovation approach. The study highlights how open innovation approaches and online platforms

Comments Off on Co-Immune: A Case Study on Open Innovation for Vaccination Hesitancy and Access • Read this story »